Digital (R)Evolution: Germany on Plans to Introduce an E-euro
Digital (R)Evolution: Germany on Plans to Introduce an E-euro
Author(s): Sebastian Płóciennik
Subject(s): Supranational / Global Economy, Economic policy, EU-Accession / EU-DEvelopment, Financial Markets, ICT Information and Communications Technologies
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: E-euro; currency; EU; Germany;
Summary/Abstract: A single e-currency is seen by Germany as an opportunity to create more effective payment systems, accelerate the digital transformation, and strengthen the economic and political position of the European Union. However, possible side effects for the banking sector and concerns about the extent of protection of citizens’ privacy will lead Germany to introduce the e-euro as a complement rather than an alternative to cash, and to strictly regulate it.
Series: PISM Bulletin
- Page Count: 2
- Publication Year: 2021
- Language: English
- Content File-PDF